Kennedy Capital Management LLC Buys Shares of 447,109 Applied Optoelectronics, Inc. $AAOI

Kennedy Capital Management LLC bought a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI) during the fourth quarter, HoldingsChannel.com reports. The firm bought 447,109 shares of the semiconductor company’s stock, valued at approximately $15,586,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AAOI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Applied Optoelectronics by 10.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,579 shares of the semiconductor company’s stock valued at $393,000 after acquiring an additional 2,415 shares during the last quarter. Cetera Investment Advisers bought a new position in Applied Optoelectronics in the second quarter valued at about $377,000. New York State Common Retirement Fund grew its position in Applied Optoelectronics by 36.0% in the second quarter. New York State Common Retirement Fund now owns 17,000 shares of the semiconductor company’s stock valued at $437,000 after acquiring an additional 4,500 shares during the last quarter. Invesco Ltd. grew its position in Applied Optoelectronics by 50.0% in the second quarter. Invesco Ltd. now owns 60,817 shares of the semiconductor company’s stock valued at $1,562,000 after acquiring an additional 20,261 shares during the last quarter. Finally, First Trust Advisors LP bought a new position in Applied Optoelectronics in the second quarter valued at about $952,000. Institutional investors own 61.70% of the company’s stock.

Analyst Upgrades and Downgrades

AAOI has been the subject of a number of recent research reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $50.00 target price on shares of Applied Optoelectronics in a report on Thursday, February 19th. B. Riley Financial raised Applied Optoelectronics from a “sell” rating to a “neutral” rating and set a $54.00 target price for the company in a report on Friday, February 27th. Northland Securities reaffirmed a “market perform” rating and issued a $55.00 target price on shares of Applied Optoelectronics in a report on Friday, February 27th. Needham & Company LLC raised their price objective on shares of Applied Optoelectronics from $43.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 27th. Finally, Wall Street Zen downgraded shares of Applied Optoelectronics from a “hold” rating to a “sell” rating in a research report on Monday, April 13th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $79.80.

Applied Optoelectronics Stock Down 2.2%

NASDAQ:AAOI opened at $169.05 on Friday. The firm’s 50 day simple moving average is $163.82 and its 200 day simple moving average is $91.99. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.83 and a quick ratio of 3.03. Applied Optoelectronics, Inc. has a one year low of $15.29 and a one year high of $233.67. The company has a market cap of $13.56 billion, a PE ratio of -256.14 and a beta of 3.66.

Applied Optoelectronics (NASDAQ:AAOI) last posted its earnings results on Thursday, May 7th. The semiconductor company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.02). Applied Optoelectronics had a negative return on equity of 4.64% and a negative net margin of 8.55%.The business had revenue of $151.14 million for the quarter, compared to analyst estimates of $156.98 million. During the same quarter in the prior year, the business earned ($0.02) earnings per share. The firm’s quarterly revenue was up 51.3% on a year-over-year basis. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. On average, research analysts anticipate that Applied Optoelectronics, Inc. will post 0.6 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Min-Chu (Mike) Chen sold 8,247 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $201.00, for a total value of $1,657,647.00. Following the completion of the sale, the director owned 161,053 shares of the company’s stock, valued at approximately $32,371,653. This represents a 4.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Cynthia Delaney sold 56,575 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $189.23, for a total value of $10,705,687.25. Following the completion of the sale, the director directly owned 59,647 shares of the company’s stock, valued at approximately $11,287,001.81. The trade was a 48.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 335,233 shares of company stock valued at $54,707,470. Corporate insiders own 3.80% of the company’s stock.

Applied Optoelectronics Profile

Applied Optoelectronics, Inc develops and manufactures high-speed fiber-optic networking products designed to support the growing bandwidth demands of data centers, telecommunications carriers and internet content providers. The company’s core offerings include pluggable optical transceiver modules, transponders and optical components that enable data transmission at rates ranging from 1G to 400G. These products are used to facilitate long-haul, metro and intra-data center connectivity, addressing the need for scalable, low-latency and energy-efficient solutions in modern network infrastructures.

The company’s product portfolio spans small-form factor pluggable modules such as SFP+, QSFP+ and QSFP28 units, as well as more advanced form factors like CFP2 and OSFP for ultra-high-speed applications.